WESCO International Inc (WCC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 15,061,400 | 15,060,900 | 14,811,700 | 12,617,700 | 11,880,200 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $15,061,400K
= 0.00
The debt-to-assets ratio for WESCO International Inc has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A low or zero debt-to-assets ratio typically suggests that the company is relying more on equity financing, which can be viewed positively by creditors and investors as it signifies lower financial risk and potentially greater financial stability. However, it's important to consider other factors such as the industry norms and the company's specific circumstances to fully evaluate the implications of this ratio.
Peer comparison
Dec 31, 2024